STOCK TITAN

Synchronoss Technologies Inc Financials

SNCR
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Synchronoss Technologies Inc (SNCR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 42 / 100
Financial Profile 42/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
50

Synchronoss Technologies Inc has an operating margin of 12.5%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is up from -6.5% the prior year.

Growth
43

Synchronoss Technologies Inc's revenue grew 5.7% year-over-year to $173.6M, a solid pace of expansion. This earns a growth score of 43/100.

Leverage
0

Synchronoss Technologies Inc has elevated debt relative to equity (D/E of 6.21), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity
37

Synchronoss Technologies Inc's current ratio of 2.02 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
63

Synchronoss Technologies Inc has a free cash flow margin of 15.2%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
57

Synchronoss Technologies Inc's ROE of 20.7% shows moderate profitability relative to equity, earning a score of 57/100. This is up from -204.9% the prior year.

Altman Z-Score Distress
-0.78

Synchronoss Technologies Inc scores -0.78, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($103.6M) relative to total liabilities ($251.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Strong
7/9

Synchronoss Technologies Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
4.60x

For every $1 of reported earnings, Synchronoss Technologies Inc generates $4.60 in operating cash flow ($28.3M OCF vs $6.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
1.2x

Synchronoss Technologies Inc earns $1.2 in operating income for every $1 of interest expense ($21.7M vs $18.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$173.6M
YoY+5.7%
5Y CAGR-10.9%
10Y CAGR-5.6%

Synchronoss Technologies Inc generated $173.6M in revenue in fiscal year 2024. This represents an increase of 5.7% from the prior year.

EBITDA
$38.8M
YoY+527.0%
10Y CAGR-3.0%

Synchronoss Technologies Inc's EBITDA was $38.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 527.0% from the prior year.

Net Income
$6.2M
YoY+111.3%
10Y CAGR-16.8%

Synchronoss Technologies Inc reported $6.2M in net income in fiscal year 2024. This represents an increase of 111.3% from the prior year.

EPS (Diluted)
$0.43
YoY+106.5%

Synchronoss Technologies Inc earned $0.43 per diluted share (EPS) in fiscal year 2024. This represents an increase of 106.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$26.4M
YoY+50.5%
5Y CAGR+1.6%
10Y CAGR+7.0%

Synchronoss Technologies Inc generated $26.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 50.5% from the prior year.

Cash & Debt
$33.4M
YoY+35.8%
5Y CAGR-3.1%
10Y CAGR-17.8%

Synchronoss Technologies Inc held $33.4M in cash against $184.8M in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
11M
YoY+7.4%

Synchronoss Technologies Inc had 11M shares outstanding in fiscal year 2024. This represents an increase of 7.4% from the prior year.

Margins & Returns

Gross Margin
77.5%
YoY+3.2pp
5Y CAGR+26.2pp

Synchronoss Technologies Inc's gross margin was 77.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.2 percentage points from the prior year.

Operating Margin
12.5%
YoY+19.0pp
5Y CAGR+47.4pp
10Y CAGR+13.6pp

Synchronoss Technologies Inc's operating margin was 12.5% in fiscal year 2024, reflecting core business profitability. This is up 19.0 percentage points from the prior year.

Net Margin
3.5%
YoY+36.8pp
5Y CAGR+37.4pp
10Y CAGR-9.1pp

Synchronoss Technologies Inc's net profit margin was 3.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 36.8 percentage points from the prior year.

Return on Equity
20.7%
YoY+225.6pp
5Y CAGR+158.2pp
10Y CAGR+12.3pp

Synchronoss Technologies Inc's ROE was 20.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 225.6 percentage points from the prior year.

Capital Allocation

R&D Spending
$42.8M
YoY-8.0%
5Y CAGR-10.7%
10Y CAGR-5.3%

Synchronoss Technologies Inc invested $42.8M in research and development in fiscal year 2024. This represents a decrease of 8.0% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$1.9M
YoY+45.6%
5Y CAGR-25.4%
10Y CAGR-30.7%

Synchronoss Technologies Inc invested $1.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 45.6% from the prior year.

SNCR Income Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Revenue $42.0M-1.1% $42.5M+0.6% $42.2M-4.5% $44.2M+2.9% $43.0M-1.1% $43.5M+1.1% $43.0M+3.8% $41.4M
Cost of Revenue $8.7M-2.9% $8.9M+2.4% $8.7M-7.7% $9.4M+5.2% $9.0M-13.7% $10.4M+1.7% $10.2M N/A
Gross Profit $33.3M-0.7% $33.6M+0.2% $33.5M-3.6% $34.8M+2.3% $34.0M+2.8% $33.1M+1.0% $32.7M N/A
R&D Expenses $10.8M+4.2% $10.4M+7.3% $9.7M-5.5% $10.3M-0.7% $10.3M-13.1% $11.9M+15.1% $10.3M N/A
SG&A Expenses $12.2M+2.7% $11.9M+4.1% $11.4M-4.3% $11.9M-13.6% $13.8M+7.6% $12.8M-3.5% $13.3M N/A
Operating Income $5.9M-14.4% $6.9M-16.6% $8.2M+12.8% $7.3M+32.3% $5.5M+28.3% $4.3M-6.1% $4.6M N/A
Interest Expense $7.8M+18.4% $6.6M+21.1% $5.4M-0.9% $5.5M-0.9% $5.5M+58.5% $3.5M-0.9% $3.5M N/A
Income Tax -$1.8M-242.2% $1.3M-1.2% $1.3M-65.2% $3.7M+485.0% $628K-76.8% $2.7M+349.1% $603K N/A
Net Income $5.8M+129.7% -$19.6M-413.6% -$3.8M-148.4% $7.9M+238.0% -$5.7M-1056.9% -$494K-111.0% $4.5M+113.8% -$32.4M
EPS (Diluted) $0.51+127.3% $-1.87-405.4% $-0.37 N/A $-0.56-5700.0% $0.01-95.7% $0.23+106.5% $-3.56

SNCR Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Total Assets $278.2M-4.5% $291.4M-0.7% $293.3M-0.2% $293.8M-2.0% $299.7M+1.4% $295.7M-0.9% $298.5M-3.8% $310.3M
Current Assets $61.0M-16.2% $72.8M-6.9% $78.2M-3.9% $81.4M+4.4% $77.9M+3.2% $75.5M+2.2% $73.9M-9.9% $82.0M
Cash & Equivalents $34.8M+41.4% $24.6M-15.5% $29.1M-12.7% $33.4M+32.3% $25.2M+6.7% $23.6M+23.8% $19.1M-22.3% $24.6M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $17.5M-1.2% $17.7M-8.1% $19.3M+6.4% $18.1M-5.9% $19.3M-3.0% $19.9M-11.7% $22.5M-4.2% $23.5M
Goodwill $188.8M0.0% $188.8M+3.5% $182.4M+1.7% $179.4M-2.9% $184.8M+1.8% $181.6M-0.3% $182.2M-1.0% $183.9M
Total Liabilities $222.9M-7.9% $242.0M-1.4% $245.4M-2.4% $251.6M-0.1% $251.9M-0.3% $252.6M-8.0% $274.5M-3.2% $283.7M
Current Liabilities $39.8M-6.0% $42.4M+11.1% $38.1M-5.3% $40.3M-3.0% $41.6M-2.0% $42.4M+6.3% $39.9M-16.3% $47.7M
Long-Term Debt $163.2M-9.9% $181.2M-2.1% $185.2M+0.2% $184.8M+0.2% $184.5M+0.1% $184.4M+34.9% $136.6M+0.3% $136.2M
Total Equity $55.4M+12.0% $49.4M+39.5% $35.4M+19.0% $29.8M-15.7% $35.3M+15.3% $30.6M+27.8% $24.0M-10.0% $26.6M
Retained Earnings -$442.6M+1.3% -$448.4M-4.6% -$428.8M-0.9% -$425.0M+1.8% -$432.9M-1.3% -$427.2M-0.1% -$426.7M+1.0% -$431.2M

SNCR Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Operating Cash Flow $39.4M+1622.5% $2.3M+679.9% $293K-97.8% $13.1M+288.6% $3.4M-70.3% $11.3M+2046.7% $527K+229.5% -$407K
Capital Expenditures $358K+8.2% $331K+2.2% $324K-62.2% $858K+504.2% $142K-62.5% $379K-26.7% $517K+608.2% $73K
Free Cash Flow $39.0M+1895.9% $2.0M+6403.2% -$31K-100.3% $12.2M+279.1% $3.2M-70.5% $10.9M+109240.0% $10K+102.1% -$480K
Investing Cash Flow -$3.5M-3.6% -$3.4M-2.0% -$3.3M+17.7% -$4.0M-151.5% -$1.6M+56.9% -$3.7M+2.5% -$3.8M-119.3% $19.7M
Financing Cash Flow -$25.4M-604.4% -$3.6M-182.2% -$1.3M-172.5% -$469K-68.1% -$279K+90.6% -$3.0M-39.8% -$2.1M+82.9% -$12.5M
Dividends Paid $0 $0 $0 $0 $0 $0 $0 $0
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

SNCR Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Gross Margin 79.4%+0.4pp 79.0%-0.4pp 79.4%+0.7pp 78.6%-0.5pp 79.1%+3.0pp 76.1%-0.1pp 76.2% N/A
Operating Margin 14.0%-2.2pp 16.2%-3.3pp 19.5%+3.0pp 16.5%+3.7pp 12.8%+2.9pp 9.9%-0.8pp 10.7% N/A
Net Margin 13.8%+60.0pp -46.1%-37.1pp -9.0%-26.9pp 17.8%+31.1pp -13.3%-12.2pp -1.1%-11.6pp 10.4%+88.8pp -78.4%
Return on Equity 10.5%+50.2pp -39.7%-28.9pp -10.8%-37.3pp 26.5%+42.7pp -16.2%-14.6pp -1.6%-20.3pp 18.7%+140.5pp -121.8%
Return on Assets 2.1%+8.8pp -6.7%-5.4pp -1.3%-4.0pp 2.7%+4.6pp -1.9%-1.7pp -0.2%-1.7pp 1.5%+11.9pp -10.4%
Current Ratio 1.53-0.2 1.72-0.3 2.05+0.0 2.02+0.1 1.88+0.1 1.78-0.1 1.85+0.1 1.72
Debt-to-Equity 2.95-0.7 3.67-1.6 5.23-1.0 6.21+1.0 5.23-0.8 6.02+0.3 5.70+0.6 5.11
FCF Margin 92.8%+88.3pp 4.6%+4.7pp -0.1%-27.7pp 27.6%+20.1pp 7.5%-17.7pp 25.2%+25.1pp 0.0%+1.2pp -1.2%

Similar Companies

Frequently Asked Questions

Synchronoss Technologies Inc (SNCR) reported $173.6M in total revenue for fiscal year 2024. This represents a 5.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Synchronoss Technologies Inc (SNCR) revenue grew by 5.7% year-over-year, from $164.2M to $173.6M in fiscal year 2024.

Yes, Synchronoss Technologies Inc (SNCR) reported a net income of $6.2M in fiscal year 2024, with a net profit margin of 3.5%.

Synchronoss Technologies Inc (SNCR) reported diluted earnings per share of $0.43 for fiscal year 2024. This represents a 106.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Synchronoss Technologies Inc (SNCR) had EBITDA of $38.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2024, Synchronoss Technologies Inc (SNCR) had $33.4M in cash and equivalents against $184.8M in long-term debt.

Synchronoss Technologies Inc (SNCR) had a gross margin of 77.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Synchronoss Technologies Inc (SNCR) had an operating margin of 12.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Synchronoss Technologies Inc (SNCR) had a net profit margin of 3.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Synchronoss Technologies Inc (SNCR) has a return on equity of 20.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Synchronoss Technologies Inc (SNCR) generated $26.4M in free cash flow during fiscal year 2024. This represents a 50.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Synchronoss Technologies Inc (SNCR) generated $28.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Synchronoss Technologies Inc (SNCR) had $293.8M in total assets as of fiscal year 2024, including both current and long-term assets.

Synchronoss Technologies Inc (SNCR) invested $1.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Synchronoss Technologies Inc (SNCR) invested $42.8M in research and development during fiscal year 2024.

Synchronoss Technologies Inc (SNCR) had 11M shares outstanding as of fiscal year 2024.

Synchronoss Technologies Inc (SNCR) had a current ratio of 2.02 as of fiscal year 2024, which is generally considered healthy.

Synchronoss Technologies Inc (SNCR) had a debt-to-equity ratio of 6.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Synchronoss Technologies Inc (SNCR) had a return on assets of 2.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Synchronoss Technologies Inc (SNCR) has an Altman Z-Score of -0.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Synchronoss Technologies Inc (SNCR) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Synchronoss Technologies Inc (SNCR) has an earnings quality ratio of 4.60x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Synchronoss Technologies Inc (SNCR) has an interest coverage ratio of 1.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Synchronoss Technologies Inc (SNCR) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

Back to top